Tag
Indian Bank
5 articles
Indian Bank faces ongoing legal proceedings related to debt recovery and insolvency matters, as demonstrated by the dismissal of an appeal from Safed Vanijya and the adjournment of appeals involving ICICI Bank and State Bank of India. Simultaneously, the bank is strengthening its governance with the appointment of Somesh Biswas as a part-time director, bringing extensive experience from LIC. Lending rates are also being adjusted, with the bank increasing its Marginal Cost of Funds-based Lending Rate (MCLR) and the Three-Month Term Borrowing Rate (TBLR) by 10-15 basis points, reflecting broader trends in the Indian banking sector. These developments suggest a focus on both navigating legal challenges and adapting to evolving market conditions, potentially impacting asset quality and lending margins.
Supreme Court Allows IA, Deletes SBI Respondent
On 17 Aug 2026, Supreme Court heard Civil Appeal 35599/2026 between Indian Bank and State Bank of India.
Court granted respondents two weeks to file a counter‑affidavit and allowed IA No. 233567/2026,
Indian Bank SLP Order: Status Quo Maintained
Supreme Court heard Indian Bank's Special Leave Petition against Fair Style Embroidery Works on 14‑08‑2026 before Justices Pamidighantam, Narasimha and Alok Aradhe.
Court ordered the matters to be lis
Indian Bank Schedules August 20 Investor Meetings
Indian Bank discloses scheduled investor meetings on one-to-one and group basis for August 20, 2026.
The disclosure is made under SEBI Listing Regulations 30 requirements for investor interactions.
No
Indian Bank Case Adjourned Two Weeks
Supreme Court heard Miscellaneous Application (IA No.118029/2025) between Indian Bank and Archana Wani on 12‑Aug‑2026.
No appearance was made by the petitioner’s counsel in the second round, leading t
Safed Vanijya Appeal Dismissed for Default
Appeal (FMA 575 of 2023) filed by Safed Vanijya Pvt. Ltd against Indian Bank was dismissed due to non-appearance of parties.
The case originated from a proceeding before the Debts Recovery Tribunal un